Tag: farmer finance

Virgin Money launches $251m Agri E Fund in a bid to help UK farmers hit net zero

June 6, 2022

The financial services provider will support UK farmers with green loans and carbon audits.

How innovation in farm payments can create a welfare system for the environment

May 31, 2022

Farm payments should mirror social welfare schemes in having both the short-term needs, and the long-term interests, of users in mind.

iFarmer banks $2.1m pre-Series A to strengthen ag supply chains in Bangladesh

May 30, 2022

It will use the capital injection to expand its geographic footprint, build out its supply chain capabilities, and introduce insurance products.

Stable raises $60m to help farmers manage food price volatility

May 26, 2022

It will use the Series B funds to grow its fintech platform which simplifies commodity hedging for farmers and food businesses.

An eventful week for African agtech as 2 startups raise close to $100m

March 25, 2022

Nigeria’s ThriveAgric and Kenya’s Apollo Agriculture raised close to $100 million between them this week in a watershed moment for African agrifoodtech.

Catalyst Fund selects 4 agrifood-focused startups to join its latest fintech cohort

March 18, 2022

The accelerator plans to back 100 entrepreneurs working on financial and climate resilience innovation over the next four years.

Here’s how the CEOs of Bayer, Cargill & 2 agtech startups would spend Elon Musk’s $6bn for world hunger

February 15, 2022

Local language services for farmers, enhanced capital access, and regenerative ag are just some of the options.

Through microfinance, AgroCenta is developing end-to-end solutions for Ghana’s smallholders

February 10, 2022

It’s the startup behind grain trading and logistics platform CropChain and financial services provider LendIt.

With a fresh $40m in the bank, TerraMagna is bringing ‘buy now, pay later’ to Brazilian farmers

January 24, 2022

TerraMagna is one of several startups in Brazil looking to improve farmers’ liquidity.

With $60m in fresh funding, Arya is eyeing a $20bn slice of India’s grain market

January 20, 2022

It’s boosting farm incomes and reducing food waste by providing logistics, warehousing, and financing solutions to small-scale grain growers.

Agrolend aims to connect Brazilian farmers with much-needed credit after $21m raise

January 19, 2022

Agrolend will use the funds to increase its credit portfolio, enabling more options for farmers using its fintech platform.

FBN launches $25m regenerative ag pilot fund

January 11, 2022

The fund will offer discounted loans to growers who implement regenerative farming practices to improve soil health and nitrogen management.

Indonesian aquatech startup eFishery nets $90m in Sequoia, SoftBank-led Series C

January 10, 2022

The Bandung-based startup plans to launch into other major fish and shrimp farming markets, including China and India.

EXCLUSIVE: Agrofy adds $30m in Yara-led Series C round to grow ‘agfintech’ services

December 16, 2021

The Argentine startup will use the funds to strengthen its e-commerce and fintech offerings, as well as for growing its footprint in Brazil.

Zebu Investment Partners is supporting African agriculture from ‘dirt to dinner table’

November 24, 2021

The South African private equity firm’s second fund invests in the tech enablement of Africa’s SME agribusinesses – the backbone of the continent’s agriculture sector.

DGV raises $3.1m to bring financial services to India’s underbanked dairy farmers

November 16, 2021

It’s on a mission to help India’s 100 million dairy farmers and workers get access to formal banking and other financial services.

EXCLUSIVE: Ag fintech company Traive raises $17m Series A funding for US-Brazil venture

November 4, 2021

The St Paul, Minnesota-based startup will continue to build out its technology that connects lenders and farmers, giving the latter improved access to working capital.

Mozare3 is introducing Egypt’s smallholder farmers to the gig economy

November 3, 2021

E-grocers, online ordering, and door-to-door delivery have entwined how people buy and consume food with the gig economy. Mozare3 thinks how food is grown should be, too.